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It is very important to find MICR code 160259023 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 160259023 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
160259023 is the MICR Code for Sector Panchkula branch of IDBI. This can be used for online funds transfer via NEFT, RTGS amd IMPS to IDBI account. The address of Sector Panchkula branch is Sco 18,sector 16,panchkula, which is located in Panchkula District of Haryana State.
In IDBI Bank MICR Code, the first 4 characters (1602) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (9023) represent the IDBI branch code.
Find more information on MICR Code 160259023 of IDBI Sector Panchkula Branch MICR Code Panchkula for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 160259023 details before initiating any transaction!